mercredi 18 mars 2009

From String Vests to High Grade Leverage


When does a string vest become a SIV ? That's structured investment vehicle for the unitiated. This is an excellent parody on the mindset of the financial community as well as being an edifying portrait of the ethical pitfalls of the subprime market. Thanks to The South Bank Show in which both John Bird and John Fortune appeared as well Vincent Merk for bringing this one into the Imim fold.

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